Leader Board Alert: KongZhong Corporation (NASDAQ: KONG) is Up as Much as 23.82% Intraday on Wednesday

KongZhong Corporation (NASDAQ: KONG) is on The StockGuru Leader Board today.  The stock is up as much as 23.82% on Wednesday.

Volume traded – so far – as this release was issued intraday:  639,546

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About the Company:

KongZhong Corporation, through its subsidiaries, provides digital entertainment services in the People’s Republic of China. It offers wireless value-added services (WVAS), including mobile games, pictures, karaoke, electronic books, mobile phone personalization features, entertainment news, chat, and message boards to mobile phone users through various second generation standard technology platforms, including SMS, IVR, and CRBT; and through various second and a half generation standard technology and operating platforms, including WAP and MMS. The company also delivers and markets WVAS through various media partners, such as handset manufacturers, television stations, radio stations, print media, and Internet sites. In addition, it operates a range of mobile Internet sites consisting of Kong.net, an integrated mobile portal; ct.cn, a mobile Chinese literature site; and ko.cn, a mobile games community site. Further, the company develops and publishes downloadable and online mobile games, including action, role-playing, and leisure games. Additionally, it develops and operates its Internet games, such as 3D MMORPGs, Loong, EMoFaZe, XiaKeXing, and ShengMoZhiXue, as well as licensed World of Tanks game. The company was formerly known as Communication Over The Air Inc. and changed its name to KongZhong Corporation in March 2004. KongZhong Corporation was founded in 2002 and is headquartered in Beijing, the People’s Republic of China.

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